I think it time to buy Euro ... need to go up as it was dumped too hard
With all the shit in china with the coronavirus and the state of Tesla by this chart we are in great spot to short it maybe it take a week or so but i think we see 700 soon this whole stock is like a a hot ballon , the only question when it will burst ..
The key pint is to break 292 , then if we go above 300 sky can be the limit but if we do not break 300 I will short it:)
We had nice run , the key level is to keep 9700 if we hold it I expect next attempt to break 10500 but if it will not hold we are going to test 9400 and then 8700 the bulls get tired but spring is soon so lets hope it will go up:)
btc need to break 8500 which is hard.. it would take some time... The fib bands seems to stop falling and become more stable which is a good sign.. also the btc is over the midline of the band which is great . so I think we would have a period of in between 8500 to 7600 , but if it hold then,in next month the btc move again up (no logic here just my guts...
So EOS is ready for next run as RSI seems to be on the rise, MACD daily near close it need to break 2.7 .. next stop is 3 potential to go back to area of 4 dollar or higher in many cases it depend on how strong the btc is compare to dolar , so if btc will break up then EOS can make nice break as well with higher % profit so keep eye on this senario :)
So it seems that RSI is going down it was not able to break the resistance so all in direction to sel it.. the main trend is bullish s o after drop to lower price then if hoold the bullish channel it can start bew run , but for now it a dump
Now it at lowest support 94 , can fall further to 88 , if holf 88-94 then we can have new buy cycle, if it will drop further then I expect to crash more but Risk reward here seems good for new buy cycle as it was damped very hard so this trade only for the brave ones put stop loss at 86
short term seems bullish but on 1 hour chart and 4 hour (not shown) chart going to face major resistance so I can expect it to go short
I enter long at 7200 stop loss 7000 target is 7400 next target 7600 next target 8200 if fail to break 7400-7600 then we go short:)
Godd chance for Hypercash for long with good risk reward ratio
'The long support line at 7000 got broken, by the weekly fib resistance two important suppot remain one at 6800 and the other one at 6500.. if btc will not hold then expect to go to 5700 6500 seems a good buy point but as things look like I will not jump on it when it reach there .. so it seems to be a cold winter unless the sharks decide to change things so...
So the MACD daily is going to close up , and if so it can break the decending resistance line (red line) so we may see true reverse of direction
The good news is that MACD daily seems to be in direction to cross over the senario is looking good but need to break 7600 in order for it to happen if there will not be a minipulation we can see next run to direction of 8700 if this run wll happen the BTC need to break it ,in oreder to get out from the bearish channel so for short term we can expect a nice...
One of my followers ask on this (Indian Bank Nifty) to tell you the truth I have no idea about it:) NIFTY seems very bullish , on the other hand it almost reach weakly R3 resistance , and it at cross road with long term resistance at 32000 So if it will not break this resistance line we need to expect as was in previous occasion that it will drop down.. So I...
If it break up the decending line a good chance for nice bull run if not time to drop it but it seems strong so maybe we see nice break up here
Seems matic go to end of it run, so be ready to drop it and buy lower for next run at better price
after strong drop, it now in a good position for next run up keep eye on it as it can go to 36000